There are a multitude of source systems that are used by front, middle and back-office teams in buy side firms. For the purpose of portfolio accounting, one of the most popular systems that is used is SS&C’s Advent Geneva, which allows funds to build their entire accounting book of records (ABOR) by feeding investments and reference data directly into the system.
With the sheer volume available today, most hedge funds and private equity firms consume data from a variety of sources such as market data providers, counterparties, fund admins and accounting systems. As a result, data is processed and consumed at multiple touchpoints, which can lead to dataset duplication and quality issues. However, implementing a robust master data management platform will enable funds to mitigate these challenges while simultaneously providing efficiencies and tangible insights. Read More
Time is money and, in serving clients, distance is also money. Until now, distance has primarily meant miles between the jobsite and office, but it’s no longer just physical separation we need to worry about. Gaps or poor efficiency in data management can also be costly, so ensuring the integrity of your data is paramount to making the right decisions about every aspect of your business. Read More
Financial markets around the world have experienced a great deal of stress and turmoil due to the ongoing coronavirus pandemic. Leading to unprecedented levels of risk and significant challenges spanning the middle and back office, the new environment has forced funds to reevaluate and enhance their digital transformation. Read More